Discuss the differences between social and market norms(behavioral economics) and what happens when these norms collide. How can an understanding of these two norms help businesses?

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter20: Building Theories To Explain Everyday Life: From Observations To Questions To Theories To Predictions
Section20.3: Observation/thought 1: The Birthrates In Varioys Countries Are Different
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Discuss the differences between social and market norms(behavioral economics) and what happens when these norms collide. How can an understanding of these two norms help businesses?

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